The trend estimate for total new capital expenditure (in volume terms) rose 0.5% in the December quarter 2009 while the seasonally adjusted estimate rose 5.5%.

The trend volume estimate for buildings and structures fell 3.4% in the December quarter 2009 while the seasonally adjusted estimate fell 1.7%.

The trend volume estimate for equipment, plant and machinery rose 4.5% in the December quarter 2009 while the seasonally adjusted estimate rose 12.4%.

EXPECTED EXPENDITURE (CURRENT PRICE TERMS)

This issue includes the fifth estimate (Estimate 5) for the financial year 2009-10 and the first estimate (Estimate 1) for 2010-11.

Estimate 5 for 2009-10 is $110,636m. This is 0.4% higher than Estimate 5 for 2008-09. Estimate 5 is 6.7% higher than Estimate 4 for 2009-10.

Estimate 1 for 2010-11 is $101,393m. This is 15.3% higher than Estimate 1 for 2009-10.

See pages 6 to 9 for further commentary on expectations data.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)

Release Date

March 2010

27 May 2010

June 2010

26 August 2010

September 2010

25 November 2010

December 2010

24 February 2011

INTERPRETING TREND ESTIMATES

The trend series in this publication for the equipment, plant and machinery asset type should be interpreted with caution as the underlying behaviour of these series may have been impacted by the Federal Government's Economic Security Package implemented from December 2008.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Doran on Sydney (02) 9268 4357.